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Annual Report 2018/19

Note 11 - Tax recorded in the income statement

2018/20192017/2018
Current tax:  
Current tax on profit/loss for the year-672-1,699
Deferred tax1,6990
Total current tax1,027-1,699

Income tax on the Group’s profit before taxation differs from the theoretical amount that would have arisen from the use of the Swedish tax rate for the consolidated companies as follows:

 2018/20192017/2018
Profit/loss before tax1,660-4,885
Income tax calculated according to the tax rate in Sweden (22%)365-1,075
Tax effects of:  
Non-taxable income-10
Non-deductible expenses2211,198
Tax effect on IPO costs0-1,822
Tax effect due to changed tax rate200
Use of loss carried forward-1,2770
Total tax recorded-672-1,699